• Most Popular
  • Most Shared

RPT-Malaysia's Cycle says hasn't decided on dividend

Mon May 5, 2008 5:56am EDT

Stocks

   

KUALA LUMPUR, May 5 (Reuters) - Malaysian auto distributor Cycle & Carriage (CYCB.KL) has not decided if it will make a capital repayment or pay a special dividend, the company said on Monday.

"The company regularly reviews its cash flow position and its working capital and investment requirements, and should any decision be made by its Board in future regarding any form of special dividend or capital repayment, an announcement will be made accordingly," the firm said.

It was responding to a stock exchange query on a newspaper report. (Reporting by Liau Y-Sing; Editing by Naveen Thukral)



More from Reuters

Photo

Producer prices surge, factory activity slows

WASHINGTON (Reuters) - U.S. producer prices rose faster than expected in November, while a gauge of manufacturing in the New York state unexpectedly fell this month, creating a potential headache for the Federal Reserve. | Video

» More Top News
Iraq's Oil Minister Hussein al-Shahristani attends a tender in Baghdad June 30, 2009.REUTERS/Thaier al-Sudani

Ready for business

With enough oil deals on the table to quadruple its output capacity, Iraq is in a strong position when it enters quota talks with OPEC. But a number of challenges may unhinge its ambitious plans.  Full Article 

Commodities
In this photo reviewed by the U.S. Military, a guard leans on a fencepost as a Guantanamo detainee (L) jogs inside the exercise yard at Camp 5 detention center, at the U.S. Naval Base in Guantanamo Bay, January 21, 2009. REUTERS/Brennan Linsley/Pool

Life after Guantanamo

Critics are worried that Gitmo prisoners once dubbed "enemy combatants" will be using prisons as pulpits for anti-American rhetoric once they're moved to U.S. soil.  Full Article 

U.S.